Used Aircraft Inventory Tightens as Jet and Turboprop Stocks Dwindle

Global jet inventory plummeted 19.21% compared to the same period last year, despite a minor month-over-month fluctuation. The large jet segment saw the most significant contraction, shedding 40% of its available inventory year over year. While super mid-size jets bucked the monthly trend with an 8.55% increase, overall asking prices for jets continued to soften, falling 2.28% in June.

Turboprop availability followed a similar path, marking seven consecutive months of decline. Inventory levels dropped 5.15% month over month and 13.67% year over year, though asking values for these aircraft moved in the opposite direction, rising 3.12% in June. Controller Sales Manager Terrin Mohl noted that the market remains tight, particularly for jets and turboprops, while piston-single aircraft have maintained a more stable, albeit still reduced, inventory level compared to previous years.